Kirby Corp. (KEX) Reports Q2 EPS of $0.48, Beats on Revenues; Offers FY18 EPS Outlook Below Consensus

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Go back to Kirby Corp. (KEX) Reports Q2 EPS of $0.48, Beats on Revenues; Offers FY18 EPS Outlook Below Consensus

Kirby Corporation Announces 2018 Second Quarter Results

July 25, 2018 5:00 PM EDT

HOUSTON, July 25, 2018 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced GAAP net earnings attributable to Kirby for the second quarter ended June 30, 2018 of $28.6 million, or $0.48 per share, compared with $25.8 million, or $0.48 per share, for the 2017 second quarter.  Consolidated revenues for the 2018 second quarter were $802.7 million compared with $473.3 million reported for the 2017 second quarter. 

2018 second quarter GAAP earnings per share of $0.48 compares to Kirby's guidance range of $0.30 to $0.50 per share.  The second quarter results include a previously announced one-time, non-tax deductible charge in general corporate expenses totaling $0.30 per share associated... More